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Buyer Community> Trade Intelligence> policy> GACC Announcement No.2, 2015 (on Petroleum Products Import Consumption Tax Hike)_Policy Focus_Export to China
Source: E-to-China E-to-China

GACC Announcement No.2, 2015 (on Petroleum Products Import Consumption Tax Hike)_Policy Focus_Export to China

Published: 10 Mar 2015 01:43:29 PST

In view of environmental governance, energy saving and emission reduction, upon State Council approval, hereby announced are further increases in China's import-based consumption tax on petroleum products:

1. As regards gasoline, naphtha, solvent oil and lubricating oil, the import consumption tax is raised in unit amount from CNY 1.4/liter to CNY 1.52/liter.

2. As regards diesel oil, aviation kerosene and fuel oil, the import consumption tax is raised in unit amount from CNY 1.1/liter to CNY 1.2/liter. However, aviation kerosene import consumption tax will remain in suspension.

This Announcement shall enter into effect on January 13, 2015.

Annex: Petroleum Products Import Consumption Tax Rates List


General Administration of Customs of China (GACC)
January 12, 2015

[2015-01-15 11:18:10]

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